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Banco Mare

Spanish lender BMN to sell shares to pay back state-back rescue fund

Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline.

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Venezuela's Banesco wins bidding for Spain's rescued bank NCG Banco

Venezuelan bank Banesco has won the bid for a controlling stake in Spanish state-rescued lender NCG Banco through its €1 billion offer. Banesco bet out five other rivals in the auction.

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NCG Banco

Six firms place bids for Spain's rescued NCG Banco

Spain's bank restructuring fund FROB on Monday announced that it had received six binding offers for a majority stake in bailed-out bank NCG Banco. Banks and private equity firms from Spain, Venezuela and US reportedly eye the NCG stake.

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